We develop a theoretical model in which firms are either private or state-owned. When firms become insolvent, the government can intervene with general measures, like subsidies, or by nationalizing firms. The government only intervenes when the bankruptcy of a firm entails social costs. In a stylized model, we analyze how government interventions affect allocative and productive efficiency. Nat...

Background: In any society, values, collective and national interests have a special place. National legal systems, in the sense of public order in the nationalization of foreign investor property, support these high national values and interests against individual interests. Therefore, this research has been conducted with the aim of presenting the moral model of public order in the nationaliz...

When developing a new marketing strategy, the customer is king, and protagonist. Customers are at heart of any successful strategy. Banking field has unique relationship between bank. However, due to various reasons such as lack education, technical skills, financial goals risk failure, some banks use traditional methods while others adopt CRM. With this in mind researchers undertook modest att...

Ever since the rise of professionalism in 1932, more than 500 Algerian footballers have taken part National Championship France. Their story is result a common, troubled period. Based on cross-referencing written and oral sources collected France, Switzerland Algeria, including approximately sixty interviews with former professional players from all generations, focus this study brutal national...